A 10.63-acre property in Teton Village, Wyo., that was on the market for $32.5 million for two years is headed to the auction block.

Called the Grand Teton Estate, the property is near the base of the Jackson Hole Mountain Resort. Designed by noted Montana architect Jonathan Foote, the rock-and-timber home is 23,250-square-feet and has seven bedrooms, nine bathrooms and a 12-seat movie theater. There’s also a 4,000-bottle wine cellar, a 1,200-square-foot professionally designed gym, a seven-car garage and four heated dog kennels.

The home’s owner, businessman Kirk Roney, owned along with his family a skin care company called Nu Skin. He purchased the property in 2001 and raised his children there, according to a statement.

New York-based Concierge Auctions will hold the live auction on the property on July 12 in cooperation with Pamela Renner of Jackson Hole Sotheby’s International Realty, the current listing agent. There is no minimum reserve; a $250,000 certified, fully refundable check is required to bid.